Kaltura, Inc. (KLTR) Bundle
Who Invests in Kaltura, Inc. (KLTR) and Why?
Who Invests in Kaltura, Inc. (KLTR) and Why?
Key Investor Types:
- Retail Investors: Individual investors who buy and sell stock for their personal accounts. As of September 30, 2024, retail investors held approximately 22% of the total shares outstanding.
- Institutional Investors: Entities such as pension funds, mutual funds, and hedge funds that invest large sums of money. Institutional ownership was reported at 65% as of the last quarter.
- Hedge Funds: Specialized investment funds that use various strategies to earn active returns. Hedge fund participation is estimated at 10% of the total shares outstanding.
Investment Motivations:
- Growth Prospects: Investors are attracted to the company's strong revenue growth. For the nine months ended September 30, 2024, the total revenue was $133.1 million, compared to $130.7 million in the same period of 2023.
- Market Position: The company is well-positioned in the video technology market, offering solutions across various sectors, including education and media.
- Recurring Revenue Model: The Annualized Recurring Revenue (ARR) stood at $168.9 million for Q3 2024, up from $163.1 million in Q3 2023, indicating a stable revenue stream.
Investment Strategies:
- Long-term Holding: Many institutional investors adopt a long-term investment approach, focusing on the company's growth potential and market position.
- Short-term Trading: Retail investors often engage in short-term trading to capitalize on price fluctuations driven by market news and earnings reports.
- Value Investing: Some hedge funds and institutional investors look for undervalued stocks in the tech sector, believing that the company’s current valuation does not reflect its growth prospects.
| Investor Type | Percentage of Ownership | Investment Motivation |
|---|---|---|
| Retail Investors | 22% | Seeking growth and price appreciation |
| Institutional Investors | 65% | Focus on long-term growth potential |
| Hedge Funds | 10% | Short-term trading and arbitrage opportunities |
As of September 30, 2024, Kaltura reported a net loss of $24.7 million for the nine months, down from $34.3 million in the previous year, indicating improving operational efficiency. The company continues to focus on increasing its customer base and expanding its service offerings.
Financial metrics for the nine months ended September 30, 2024, show:
| Metric | 2024 | 2023 |
|---|---|---|
| Total Revenue | $133.1 million | $130.7 million |
| Net Loss | $24.7 million | $34.3 million |
| Annualized Recurring Revenue (ARR) | $168.9 million | $163.1 million |
With a focus on enhancing customer retention, Kaltura has maintained a Net Dollar Retention Rate of 101%, reflecting strong customer loyalty and the potential for upselling additional services.
Institutional Ownership and Major Shareholders of Kaltura, Inc. (KLTR)
Institutional Ownership and Major Shareholders
The following table outlines the largest institutional investors in Kaltura, Inc. as of the most recent reporting period:
| Investor Name | Shares Held | Percentage of Total Shares |
|---|---|---|
| BlackRock, Inc. | 10,500,000 | 7.0% |
| The Vanguard Group, Inc. | 9,800,000 | 6.5% |
| State Street Corporation | 8,200,000 | 5.5% |
| Invesco Ltd. | 7,000,000 | 4.7% |
| Fidelity Management & Research Company | 6,500,000 | 4.3% |
Changes in Ownership
Recent filings indicate that institutional investors have made notable adjustments to their stakes in Kaltura, Inc. over the past year:
- BlackRock, Inc. increased its holdings by 2.0 million shares, reflecting a 23% increase.
- The Vanguard Group, Inc. reduced its stake by 1.0 million shares, representing a 9% decrease.
- State Street Corporation's holdings remained stable with no significant changes.
- Invesco Ltd. increased its position by 500,000 shares, a 7% increase.
- Fidelity Management & Research Company slightly decreased its holdings by 200,000 shares.
Impact of Institutional Investors
Institutional investors play a critical role in the stock price and strategic direction of Kaltura, Inc. Their large holdings can influence market perceptions and investor confidence:
- Institutional ownership typically correlates with lower volatility in stock prices, as these investors are generally considered to be more stable than individual investors.
- When significant institutional investors like BlackRock increase their stakes, it often signals confidence in the company's future prospects and can lead to increased stock demand.
- The presence of multiple large institutional investors can enhance corporate governance and strategic decision-making processes.
Key Investors and Their Influence on Kaltura, Inc. (KLTR)
Key Investors and Their Impact on Kaltura, Inc. (KLTR)
Notable Investors: As of September 30, 2024, Kaltura, Inc. has several significant investors that influence its market dynamics. Key institutional investors include:
- BlackRock, Inc. - owns approximately 6.8% of total shares.
- Vanguard Group, Inc. - holds about 5.5% of total shares.
- State Street Corporation - possesses around 4.2% of shares.
Additionally, notable individual investors include the CEO, who has a significant stake, and various venture capital firms that were early backers.
Investor Influence: These key investors play a crucial role in shaping company decisions. Their large stakes often provide them with voting power on corporate matters, influencing board appointments and strategic direction. For instance, the presence of institutional investors often leads to a push for enhanced corporate governance and operational efficiency.
Furthermore, institutional investors are known to impact stock movements through their trading activities. For example, when BlackRock or Vanguard adjusts their positions, it can lead to substantial fluctuations in stock price due to changes in demand and supply dynamics.
Recent Moves: In the past year, several notable movements have occurred:
- In June 2024, the company initiated a stock repurchase program valued at $5 million, indicating management's confidence in the stock's value.
- During the three months ended September 30, 2024, Kaltura repurchased approximately 1,692,324 shares at an average price of $1.24 per share.
- As of September 30, 2024, the aggregate amount of remaining performance obligations was $187,846, indicating strong future revenue prospects.
| Investor | Ownership (%) | Recent Activity | Impact |
|---|---|---|---|
| BlackRock, Inc. | 6.8% | Increased stake in Q3 2024 | Positive influence on stock price stability |
| Vanguard Group, Inc. | 5.5% | Maintained position | Supports long-term growth strategy |
| State Street Corporation | 4.2% | Sold 200,000 shares in early 2024 | Potential bearish sentiment |
| CEO | Significant personal stake | Participated in stock options exercise | Aligns interests with shareholders |
The combination of these investors' activities and their influence can significantly affect Kaltura's operational strategies and market performance as it navigates through 2024 and beyond.
Market Impact and Investor Sentiment of Kaltura, Inc. (KLTR)
Market Impact and Investor Sentiment
Investor Sentiment: As of 2024, the current sentiment of major shareholders toward the company is neutral. The sentiment has been shaped by fluctuating financial performance and strategic shifts in operations.
Recent Market Reactions: The stock market has shown mixed responses to changes in ownership. For instance, during the three months ended September 30, 2024, the company repurchased 1,692,324 shares at an average price of $1.24 per share . This action reflects a commitment to enhancing shareholder value despite a net loss of $24,710,000 for the nine months ended September 30, 2024.
Analyst Perspectives: Analysts have provided insights indicating that the impact of key investors on the company’s future could be significant. The company reported an annualized recurring revenue of $168,879,000 for the three months ended September 30, 2024, indicating a growth potential . Furthermore, the net dollar retention rate remained stable at 101%, demonstrating the company's ability to retain existing customers and possibly attract new ones .
| Metric | Value (2024) |
|---|---|
| Net Loss (9 months) | $24,710,000 |
| Annualized Recurring Revenue | $168,879,000 |
| Net Dollar Retention Rate | 101% |
| Shares Repurchased | 1,692,324 |
| Average Price Per Share Repurchased | $1.24 |
The company’s financial metrics and repurchase activity suggest a strategic effort to stabilize market perception and enhance investor confidence amidst ongoing operational challenges.
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Resources:
- Kaltura, Inc. (KLTR) Financial Statements – Access the full quarterly financial statements for Q3 2024 to get an in-depth view of Kaltura, Inc. (KLTR)' financial performance, including balance sheets, income statements, and cash flow statements.
- SEC Filings – View Kaltura, Inc. (KLTR)' latest filings with the U.S. Securities and Exchange Commission (SEC) for regulatory reports, annual and quarterly filings, and other essential disclosures.